Znarkel Inc. has calculated their Net Income For Accounting Purposes to be $5,072. The following information was included in their calculation of Net Income for Accounting, unless otherwise indicated. They have asked you to calculate their Net Income for Tax Purposes using the Reconciliation Method. Indicate the amount you would add or deduct to calculate Net Income For Tax Purposes for 2023. If there is no adjustment record 0. You are only required to show the adjustments. Do not calculate net income for tax purposes.

Item	Adjustment
Operating expenses of business vehicles $10,000
Payments to sales people, $120,000
Business meals, $10,500
Insurance proceeds received due to closure of plant because of a fire, $25,000
Customers paid $10,000 in advance for work to be done next year. This was included in income.
Advertising expense, $6,000. At year-end 1/3 of this amount had not been used.
Depreciation expense, $55,000
Amortization expense, $1,000
Repair to manufacturing building that will extend the life of the building, $130,000
Appraisal fees for insuring assets, $2,000
Costs of issuing shares, $2,500
Business entertainment expenses, $3,000
US advertising publications directed at a Canadian audience, $5,000
Interest on GST amount owing, $300
Amortization of bond discount, $800
Bonus payment, $30,000. Business year end is December 31. Bonus paid July 15 of following year.
Charitable donations, $1,000
Sponsoring little league baseball, $500
Sale of non-depreciable asset; proceeds $5,000 cost $1,000 = gain $4,000
Interest on business loan, $4,000
Sold depreciable asset: Proceeds 100 book value 50 = accounting gain of 50 (cost is 105)
Items not included:
CCA, $60,000
Terminal loss, $5,000
Landscaping costs capitalized for accounting, $35,000